AMD273 April 2022 Aftermarket Moto Design 273 April 2022 | Page 6

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NEWS

BRIEFS

Provisional figures for Piaggio , the Italian parent company of brands such as Vespa , Aprilia and Moto Guzzi , announced consolidated net sales of approx . € 1.668m for the 12 months to December 31 , 2021 . That ' s an improvement of + 27 % from € 1,313.7m in 2020 .
For its 2021 full financial year ( to December 2021 ), Yamaha has posted net sales for its Land Mobility Division ( principally , its motorcycle division ) of 1,179.7bn yen (+ 24.6 %/ 233.3bn yen over 2020 ) with operating income of 68.6bn yen ( up by 272.4 %/ 50.3bn yen from 2020 ). Although they don ' t release unit sales information , Yamaha says that sales were up " in all regions " but that inventory shortage and supply chain issues held back what could have been an even better pandemic bounce over 2020 . Yamaha was not yet back in profit , but the losses have been massively reduced . Wolverine RMAX UTV sales were up in USA .
Rumors abound that the new LiveWire model due for unveiling at some stage in the next few weeks or months will be badged as the ' Del Mar '. A new S2 middleweight , based on Harley ' s scalable and modular proprietary Arrow driveline architecture discussed in the LiveWire SPAC NYSE flotation prospectus late last year , it is being touted as likely to be less expensive than the LiveWire - maintaining the more realistic price-point direction of travel .
Sydney , Australia based Blow Performance Exhausts has signed an exclusive distribution deal for China with Mark Wang , one of the cofounders of MOBAG CHINA . " We are very excited about the deal . Mobag has been a good customer of ours in the past and approached us with an opportunity that we gladly accepted ." Beijing based Mobag Trading is said to be the largest distributor of aftermarket accessories in the motorcycle industry in China and the leader in V-twin aftermarket products there . Mobag sells to over 600 dealerships in China .
In support of the Distinguished Gentleman ' s Ride , Triumph has announced an upcoming partnership with American guitar brand Gibson . The collaboration will be based on the legendary 1959 Gibson Les Paul Standard guitar and the 1959 Triumph Bonneville T120 motorcycle .
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people , constantly challenging them with new opportunities and high expectations . Our team and culture combine to create a competitive advantage that enables us to deliver industry-leading innovation , support our customers and dealers , and drive long-term growth ." Geared for Good : " A core belief that as the global leader in powersports , we have a responsibility to be good stewards for our industry , employees , riders , communities and the outdoors . Along with our unwavering commitment to Safety and Ethics Always , we remain more committed than ever to making a positive impact by being Geared for Good ." Under the theme of " Leading from the Front ", the company says that in
' expanding customers by 50 percent '
order to " reinforce its position as the global powersports leader " it has long-term strategic targets such expanding Polaris powersports customers by 50 percent in the next ten years , deepening its customer knowledge through increased investment in insights as well as how customers interact with the Polaris brand , and increasing access to powersports through new business models and entryway
' entryway experiences '
experiences with Polaris Adventures and Polaris Adventures Select . Continued investment in research and development will clearly be a priority - " to drive innovation for its riders , both within already established capabilities of ICE powertrains and drivelines , fit and finish , ride and handling , and an extensive accessories portfolio , along with emerging
' furthering electric vehicle options '
capabilities including making Ride Command + connected technology available across most of its powersports models by 2026 and furthering electric vehicle options with a strategic and targeted approach that centers on the customer ." Polaris says that it is " testing electric prototypes broadly across its product platforms , but will commercialize purposefully where electrification improves the customer experience " and that " in addition to supporting organic investment in growth opportunities , Polaris is committed to a capital allocation strategy that prioritizes organic investment , dividend growth , share repurchases

Bagger Racing League

News from Rob Buydos about a second season of Bagger Racing League events for 2022 , kicking off with an April 23-24 Bagger Racing School and BRL exhibition race during Classic Track Days ' Carnival of Speed at the legendary Willow Springs Raceway in California . The race series itself gets underway with a May 13-14 return to the scene of the first ever BRL race in 2021 at the Utah Motorsports Campus , outside Salt Lake City . Round 2 takes the series to the Milwaukee Mile Speedway in Wisconsin on September 1-4 for a weekend that will include Drag Racing and New Racer School . The season will wrap up at no less than
The Ranger XP Kinetic - the first example of how Polaris plans to lead in the area of electrification .
the Daytona International Speedway ( October 14-16 ) during Biketoberfest , with another New Racer School opportunity . www . baggerracingleague . com
' commercialize purposefully '
and acquisitions ." Which makes it sound like the Scott Wine era of wholesale acquisitions is well and truly over for Polaris . With a strong focus on financial performance , the company highlighted its five-year financial targets of mid-single digit compound annual growth rate in sales , mid- to high-teens percentage EBITDA margin , return on invested capital in the mid-twenties percent , and doubledigit percent compound annual growth rate in earnings per share . Polaris reaffirmed its 2022 full-year guidance of total company sales of $ 9.2 to $ 9.5bn , up 12 to 15 % compared to 2021 , and adjusted earnings per share between $ 10.10 and $ 10.40 , up 11 to 14 % compared to last year .
Shane Narbonne taking the lead on the Trask Turbo Harley-Davidson on the last lap of the final 2021 BRL race at Sonoma , California in November .
6 AFTERMARKET MOTO DESIGN - APRIL 2022 www . AMDchampionship . com